STMicroelectronics (STM), a leading chipmaker supplying companies like Tesla and Apple, has slashed its full-year revenue and profit forecasts for the second time. The company attributed the revision to a “longer and more pronounced correction …
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Berkshire Hathaway Shares Hit Record High, Reflecting Investor Confidence
Berkshire Hathaway’s share price surged to a record high on Monday, driven by investor confidence in Warren Buffett’s company. The price of Berkshire’s Class A shares climbed 1.5% to $649,000, surpassing the previous record of …
Continue readingApple Stock Surges on Morgan Stanley’s AI-Driven “Top Pick” Rating
Apple‘s shares jumped by nearly 2% on Monday after Morgan Stanley upgraded its price target and declared the iPhone maker a “top pick,” citing its AI efforts as a key driver for device sales. The …
Continue readingiPhone 16: 5 Features Worth the Wait for Apple Fans
The iPhone 16 is expected to be released in September, and with it comes a host of exciting new features. While the overall design might resemble the iPhone 15, Apple has planned some significant upgrades. …
Continue readingApple Averts EU Fine, Opens iPhone Payments
Apple has agreed to open its iPhone’s tap-and-go payment system, NFC, to rival mobile payment providers, ending a four-year antitrust investigation by the European Union. This move, considered a settlement, will allow developers to build …
Continue readingTSMC Q2 Revenue Soars 32% on AI Boom
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, reported a significant revenue increase in the second quarter, driven by the booming demand for chips powering artificial intelligence (AI) applications. This growth far surpassed …
Continue readingDow Surges to One-Month High on Rotation, Nasdaq Drops as Investors Eye Fed Cuts
The Dow Jones Industrial Average closed at a one-month high on Monday, fueled by a rotation out of AI-linked stocks and into laggards as investors bet on Federal Reserve interest rate cuts later this year. …
Continue readingOutsmart Car Thieves with These Clever AirTag Tactics
Car theft is a major problem, with a vehicle stolen every 32 seconds in the US alone. But what if you could use an AirTag to track your car if it were stolen? While AirTags …
Continue readingEpic Games Vows to ‘Fight’ Apple Over ‘Absurd’ App Store Changes
Epic Games CEO Tim Sweeney has vowed to fight Apple over what he calls “absurd” demands for changes to the company’s new Epic Games Store on iOS. Despite recently receiving approval for its store, Apple has …
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